Blockchain & crypto news from India
As if cracking down of the crypto trade in China wasn’t bad enough news for cryptocurrency investors, now the White House is making an executive order to follow a regulation path, too. Biden administration intends to engage all relevant government entities – from the national security agencies and the financial regulators to the National Science…
Muhammad Luthfi, the Indonesian Minister for trade confirmed to the local media about reinforcing cryptos regulations instead of banning it like China. He said that Indonesia will concentrate on making the crypto market less prone to unlawful activities. The statement from the Indonesian minister comes posterior to the fabulous growth recorded by local exchanges in…
On August 4, crypto exchange Bitbns declared that Bitcoin SIP awards for the Indian medalists at the Tokyo 2020 Olympic. The Indian Olympic winners will be authorized to open crypto SIPs worth lakhs on the exchange. The SIP will begin from Rs. 2,00,000 for gold winners Rs. 1,00,000 for silver and Rs. 50,000 for bronze…
Based in China, a non-profit research institution focusing on blockchain technology, Wanxiang Blockchain Labs announced that it is going to hold the 7th Global Blockchain Summit from September 14-15 in Shanghai. The event will be telecasted on the Internet to attract blockchain enthusiasts around the world. Free registration for the online telecasting can be done…
India and China aren’t the only Asian nations struggling with the fate of crypto. Small players like the Vietnam and Philippines are stepping into the arena as well as the fame of virtual currency continues to increase. As per the Philippines Stock Exchange (PSE), crypto is an asset class that they can’t afford to ignore…
On Monday, Bitcoin dived more than 10% after China widened a clampdown on its huge crypto mining industry with a ban on mines in a main southwestern province. Mines in China power nearly 80% of the global trade in crypto in spite of a trading ban since 2017. But in recent months many provinces have…
Today digital skills have become significant especially to stay redundant at a time when tech is dominating most industries. Millions of workers worldwide also got displaced due to the novel Coronavirus. According to a report, emerging subjects like artificial intelligence, machine learning, deep learning and computer programming have become the top online courses preferred by…
A security official told that China has arrested 1100 people for using the gains from crime to purchase crypto as a part of an increasing crackdown in the industry. Bitcoin mines of China power about 80% of the worldwide trade in crypto, although dealing is banned in the country. Officials have begun to keep a…
Nayib Bukele, President of EI Salvador has offered incentives for the crypto community including immediate permanent residency for crypto entrepreneurs and bitcoin investors won’t face any capital gain tax. This has attracted attention from entrepreneurs and investors alike. All this followed his latest announcement to make Bitcoin a legal tender in the nation. Bukele retweeted…
On Wednesday, cryptocurrency markets witnessed a downturn, with major currencies crashing rapidly, wiping off as much as $1 trillion from their valuations, which had hit a record high of more than $2 trillion recently. Many analysts seem to believe that the crypto bubble, which grew without reason or rhyme or unsustainably for some time now,…